Forum Post: 15October Suggests "Robinhood" tax
Posted 13 years ago on Oct. 19, 2011, 9:19 a.m. EST by yasky2012
(11)
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1% #ROBINHOOD tax on all financial transactions and currency trades. Let’s send them a clear message: We want you to slow down some of that $1.3-trillion easy money that’s sloshing around the global casino each day – enough cash to fund every social program and environmental initiative in the world.
Calling for a global march on Oct 29
How do we know that this money will not be spent on more wars and further bailouts to the top banks?
you are financial idiots and should stick to what you know. sitting on mommies couch , playing with your play station!
you are financial idiots and should stick to what you know. sitting on mommies couch , playing with your play station!
I don't think giving this corrupt Government more money is the answer more likely it is the problem. They will just waste it, not pay off any debt, and in the near future use the revenue as a means for more revenue to waste. Meanwhile the debt will get bigger and the corruption will be better fed.
Agree, but it's not enough to simply slow down manipulative high-frequency trading. It is illegal and the perpetrators need to be criminally prosecuted.
I agree with this tax, and the proceeds should be used to:
(a) reducing student loan debt; and
(b) helping those in foreclosure.